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Florida Gov. Ron DeSantis Proposes Eliminating Property Taxes for Homeowners. Here's How
The plan would raise homestead exemptions and eventually eliminate taxes on 90% of homesteaded properties, while forcing local governments to absorb lost revenue.
Florida Governor Ron DeSantis is calling for a special legislative session starting Monday to review a sweeping proposal eliminating homestead property taxes, which would immediately increase the exemption to $250,000.
To reach the November ballot, the constitutional amendment requires a 60% supermajority vote in both the House and Senate, aiming to eventually eliminate property taxes on 90% of homesteaded properties.
Former Republican state Senator Jeff Brandes criticized the rollout as "amateur," highlighting concerns about how local governments and schools would replace the estimated $14 billion in lost revenue.
House Democratic Leader Fentrice Driskell argued on Wednesday against shifting costs to families, while Representative Toby Overdorf suggested amendments are common during the legislative process.
Residency protections require homeowners to pay Florida homestead property taxes for five years to qualify, while the measure requires 60% voter support in November to become part of the Florida Constitution.